RULE: 12 - AD VALOREM RATES Eff: 09FEB2015

Effective 09FEB2015
Filed 09FEB2015
Filing Codes IC

A. The liability of the Carrier as to the value of shipments at the
   rates herein provided shall be determined in accordance with the
   clauses of the Carrier's regular Bill of Lading form. 
   
B. If the Shipper desires to be covered for a valuation in excess of
   that allowed by the Carrier's regular Bill of Lading form, the
   Shipper must so stipulate in Carrier's Bill of Lading covering such
   shipments and such additional liability only will be assumed by the
   
   Carrier at the request of the Shipper and upon payment of an
   additional charge based on the total declared valuation in addition
   to the stipulated rates applying to the commodities shipped as
   specified herein. 
   
C. Where value is declared on any piece or package in excess of the
   Bill of Lading limit of value of $500.00 the Ad Valorem rate,
   specifically provided against the item, shall be three (3%) percent
   of the value declared in excess of the said Bill of Lading limit of
   value and is in addition to the base rate. 

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